7 April 2005, 10:43  Dollar Rises Against the Yen and Euro in Asian Trading

The U.S. dollar rose against the yen and euro in Asia on Thursday following slight gains in European trading overnight.
The dollar was trading at 108.79 yen on the Tokyo foreign exchange market at 9 a.m. (0000 GMT) Thursday, up 0.73 yen from late Wednesday.
The euro fell to US$1.2873 early Thursday in Tokyo from US$1.2884 late Wednesday but rose to 140.00 yen from 139.30 yen.
The dollar was mixed against other Asian currencies. The U.S. currency slipped to 7.7991 Hong Kong dollars from HK$7.7995 but rose to 1.6598 Singapore dollars from S$1.6595. The Australian dollar weakened against the greenback to US$0.7633 from US$0.7645.
Overnight, the dollar had remained little changed against the euro but rose slightly against the yen.
With no major U.S. economic data Wednesday, the market largely brushed off testimony from Federal Reserve Chairman Alan Greenspan to a Senate committee on government sponsored enterprises.

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